The technological and financial transformations of the Second Industrial Revolution imposed new leading economies at the head of global competition, whilst the success of large enterprises determined a change in the quality of competition. If it is evident that industrialization has become an unavoidable political challenge, it is also true that the different quality of institutional, human and natural resources will push different countries to pursue different paths of development, with heterogeneous results. In this chapter, we will investigate in particular the events in Czarist Russia, Imperial Japan, and China during the late Qing period, show how the different quality of institutions, rather than the presence of strong nationalistic feelings or the heavy influence of the international context, contributed to determining the performance of these economies.
Il modello occidentale e i suoi limiti
ROMANI, MARINA;
2017-01-01
Abstract
The technological and financial transformations of the Second Industrial Revolution imposed new leading economies at the head of global competition, whilst the success of large enterprises determined a change in the quality of competition. If it is evident that industrialization has become an unavoidable political challenge, it is also true that the different quality of institutional, human and natural resources will push different countries to pursue different paths of development, with heterogeneous results. In this chapter, we will investigate in particular the events in Czarist Russia, Imperial Japan, and China during the late Qing period, show how the different quality of institutions, rather than the presence of strong nationalistic feelings or the heavy influence of the international context, contributed to determining the performance of these economies.
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